Key Takeaways
- Supermicro shares are up for the fourth trading day in a row following the company’s business update last week.
- The AI server maker predicted significant revenue growth in 2026 as demand grows for infrastructure to support AI.
- The company also expects to avoid Nasdaq delisting by submitting delinquent regulatory filings by Feb. 25.
Super Micro Computer (SMCI) shares soared higher Tuesday, putting it on pace to extend its streak of gains since the company predicted significant sales growth in 2026 driven by demand for artificial intelligence servers.
The company’s stock jumped more than 10% intraday Tuesday, which would be a fourth-straight trading day of growth since Supermiro’s second-quarter business update on Feb. 11 (with markets closed on Monday for Presidents Day). All told, shares are up about 40% since the update.
Supermicro CEO Charles Liang called for revenue to reach $40 billion in 2026, 60% more than what the company projects in 2025, as demand grows for infrastructure to support AI.
Last week, JPMorgan analysts said the 2026 estimate “presents a nice upside” but also called the figure an “aggressive” target. The analysts maintained an “underweight” rating for the stock, but raised their price target to $35 from $23.
As part of last week’s update, Supermicro also said it expects to submit its delayed financial reports from the 2024 fiscal year by the Nasdaq’s Feb. 25 deadline to avoid being delisted. Notably, despite the week of growth, Supermicro shares are still down by about a third over the past 12 months due in part to concerns about the company’s accounting practices.
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